The Global Luxury Vinyl Tile Flooring Market was valued at USD 9.87 Billion in 2023 and is projected to reach USD 16.26 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2023–2032). This growth is being driven by rising demand for cost-effective, water-resistant flooring options, expanding residential and commercial construction activities, and the increasing preference for eco-friendly materials that mimic natural wood and stone aesthetics in modern interior designs.

As the flooring sector evolves toward sustainable, low-maintenance, and aesthetically versatile products, attention turns to the major manufacturers fueling innovation in durability, design variety, and environmental responsibility. In this blog, we profile the Top 10 Companies in the Luxury Vinyl Tile Flooring Industry—a blend of established giants, design innovators, and regional specialists redefining spaces for homes, offices, and beyond.

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🔟 1. Mohawk Industries

Headquarters: Calhoun, Georgia, USA
Key Offering: SPC and WPC luxury vinyl tiles, waterproof planks

Mohawk Industries stands as a dominant force in the flooring world, renowned for its extensive range of luxury vinyl tile (LVT) products that deliver premium visuals at an accessible price point. With a focus on residential and commercial applications, Mohawk’s offerings cater to high-traffic areas while providing easy installation and maintenance. The company’s commitment to blending style with functionality has made it a go-to for contractors and homeowners seeking alternatives to pricier hardwood, especially in moisture-prone environments like kitchens and bathrooms.

Innovation Initiatives:

• Advanced digital printing for realistic wood and stone textures

• Expansion of recyclable content in vinyl formulations

• Waterproof core technologies for enhanced durability

Download FREE Sample Report: Luxury Vinyl Tile Flooring Market – View in Detailed Research Report

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9️⃣ 2. Shaw Industries Group

Headquarters: Dalton, Georgia, USA
Key Offering: Rigid core luxury vinyl, glue-down tiles

Shaw Industries, a Berkshire Hathaway subsidiary, excels in producing high-performance LVT that balances aesthetics and longevity. Operating primarily in North America, Shaw supplies a wide array of products for both residential renovations and commercial projects, emphasizing scratch-resistant surfaces and easy-clean properties. Their market strength lies in integrating LVT into broader flooring portfolios, appealing to budget-conscious consumers who want luxury without the premium cost of traditional materials.

Innovation Initiatives:

• Development of antimicrobial coatings for health-focused spaces

• Partnerships with designers for custom pattern options

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8️⃣ 3. Armstrong Flooring

Headquarters: Lancaster, Pennsylvania, USA
Key Offering: WPC luxury vinyl planks, commercial-grade tiles

Armstrong Flooring has built a legacy in resilient flooring, with its LVT lines offering superior durability against stains and wear. The company targets commercial sectors like healthcare and education, where hygiene and safety are paramount, while also serving residential markets with visually appealing options. Armstrong’s edge comes from its century-old expertise in flooring, allowing it to innovate in areas like sound absorption and slip resistance, making LVT a practical choice over hardwood at a fraction of the cost.

Innovation Initiatives:

• Sustainable sourcing with low-VOC emissions

• Enhanced locking systems for DIY installations

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7️⃣ 4. Tarkett

Headquarters: Nanterre, France
Key Offering: Heterogeneous and homogeneous LVT, eco-vinyl tiles

Tarkett, a global leader with operations in over 100 countries, specializes in versatile LVT solutions that prioritize environmental impact without compromising style. Their products feature recycled materials and are designed for high-traffic commercial spaces, from offices to retail environments. In Europe and beyond, Tarkett drives the shift toward green flooring, offering LVT that resists moisture and fading, providing long-term value in an industry where sustainability increasingly influences purchasing decisions.

Innovation Initiatives:

• Recycled vinyl content up to 50% in select lines

• Global R&D for biodegradable additives

Download FREE Sample Report: Luxury Vinyl Tile Flooring Market – View in Detailed Research Report

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6️⃣ 5. Mannington Mills

Headquarters: Salem, New Jersey, USA
Key Offering: Adura luxury vinyl tiles, waterproof collections

Mannington Mills delivers premium LVT with a focus on American-made quality, serving residential and light commercial markets. Their products stand out for mimicking exotic woods and stones through sophisticated printing techniques, all while boasting water resistance that makes them ideal for basements and laundry rooms. Mannington’s family-owned approach fosters innovation in color trends and texture realism, helping it capture a loyal base in the competitive U.S. market.

Innovation Initiatives:

• Phthalate-free formulations for safer indoor air

• Customizable designs via digital tools

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5️⃣ 6. LG Hausys

Headquarters: Seoul, South Korea
Key Offering: SPC rigid core vinyl, commercial LVT

LG Hausys leverages its technological prowess to produce advanced LVT planks that excel in durability and visual appeal, particularly in Asia-Pacific markets. With a strong emphasis on rigid core technology, their offerings withstand heavy foot traffic and spills, making them popular in hospitality and retail settings. LG’s global expansion brings high-tech manufacturing to international shores, ensuring consistent quality and affordability compared to natural alternatives.

Innovation Initiatives:

• Integration of smart sensors for floor monitoring

• Expansion of production capacity in emerging markets

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4️⃣ 7. Metroflor

Headquarters: Norwalk, Connecticut, USA
Key Offering: Engage and Paragon luxury vinyl collections

Metroflor specializes in innovative LVT designs that push the boundaries of realism and performance, serving the North American market with a focus on residential upgrades. Their products feature thick wear layers for longevity and are engineered for easy click-lock installation, appealing to DIY enthusiasts. Metroflor’s agility in responding to design trends keeps it at the forefront, offering versatile options that elevate everyday spaces without the maintenance hassles of hardwood.

Innovation Initiatives:

• High-definition imaging for hyper-realistic patterns

• Recycled rubber underlayments for comfort

Download FREE Sample Report: Luxury Vinyl Tile Flooring Market – View in Detailed Research Report

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3️⃣ 8. Novalis

Headquarters: Shanghai, China
Key Offering: WPC and SPC luxury vinyl flooring

Novalis brings cost-effective yet high-quality LVT to global markets, with production rooted in China’s manufacturing hub. Their emphasis on waterproof and scratch-resistant features makes them a favorite for commercial applications in Asia and North America. By combining affordable pricing with robust performance, Novalis addresses the growing demand in emerging economies, where rapid urbanization drives flooring needs.

Innovation Initiatives:

• Export-oriented sustainable vinyl blends

• Collaborations for localized design preferences

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2️⃣ 9. Gerflor

Headquarters: Lyon, France
Key Offering: Mipolam and Taralay LVT for commercial use

Gerflor focuses on specialized LVT for demanding environments like healthcare and sports facilities, with a European base and worldwide reach. Their products incorporate homogeneous compositions for ultimate durability and hygiene, resisting chemicals and heavy use. Gerflor’s expertise in safety flooring positions it as a leader in non-residential segments, where compliance with strict standards is essential.

Innovation Initiatives:

• Antibacterial surface treatments

• Energy-efficient production processes

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1️⃣ 10. Forbo Flooring

Headquarters: Baar, Switzerland
Key Offering: Allura and Coral luxury vinyl tiles

Forbo leads with eco-conscious LVT that integrates recycled materials and low-emission profiles, targeting sustainable building projects across Europe and North America. Their modular tiles offer flexibility in design and installation, ideal for offices and public spaces. Forbo’s holistic approach to flooring sustainability, including full lifecycle assessments, sets a benchmark in an industry increasingly focused on green certifications.

Innovation Initiatives:

• 100% recyclable backing systems

• Partnerships for circular economy models

Read Full Report: Luxury Vinyl Tile Flooring Market – View in Detailed Research Report

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🌍 Outlook: The Future of Luxury Vinyl Tile Flooring Is Sustainable and Versatile

The luxury vinyl tile flooring market is experiencing transformative growth. Traditional materials like hardwood remain popular, but LVT’s affordability—ranging from $2 to $5 per square foot compared to $8 to $25 for hardwood—and superior stain resistance are accelerating adoption. Industry players are channeling resources into greener production, advanced composites, and customizable designs to meet evolving consumer needs.

📈 Key Trends Shaping the Market:

• Expansion of rigid core technologies like SPC and WPC for better stability

• Regulatory incentives for low-VOC and recycled content materials

• Digital tools for virtual flooring visualization and e-commerce integration

• Collaborations between manufacturers and architects for bespoke solutions

Market Trends Affecting Luxury Vinyl Tile Flooring

• Integration of sustainable materials — Companies are incorporating bio-based polymers and recycled plastics to reduce environmental impact, aligning with global green building standards. This trend simplifies compliance while appealing to eco-aware consumers.

• Advancements in waterproofing and durability — Enhanced core structures prevent warping in humid conditions, making LVT ideal for diverse climates. Brands like Mohawk lead with 100% waterproof guarantees.

• Customization through digital printing — High-resolution techniques allow for endless patterns, from rustic woods to modern geometrics, boosting personalization in residential and commercial designs.

• Growth in commercial applications — With rising office and retail renovations, LVT’s slip-resistant and easy-maintenance features are gaining traction, especially in post-pandemic hygiene-focused spaces.

• Expansion in emerging markets — Urbanization in Asia-Pacific drives demand for affordable luxury, prompting manufacturers to localize production and adapt to regional tastes.

Read Full Report: Luxury Vinyl Tile Flooring Market – View in Detailed Research Report
 

The companies profiled here are not only covering floors worldwide—they’re pioneering the sustainable evolution of interior spaces, making beauty and resilience accessible to all.